Are digital financial payments constrained by the country's income: Evidence from the Global Findex database

The combined effect of ICT improvement, digitalization and change in clients' habits lead to changes the financial sector worldwide. Increased use digital services (DFS) is a that might help increase inclusion, which particularly important for developing countries. As income considered critical driver payments, this study aims determine whether there linear relationship between country's measured by level Gross National Income per capita (GNI p.c.) payment services, i.e., making receiving payments. We used data from Global Findex World Bank databases 2017 conduct research, covered 141 presence GNI p.c. payments was tested using correlation analysis. results analysis show significant strong positive both segments, Findings are consistent with previous research confirmed role as DFS.